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OECD Statistics Working Papers

The OECD Statistics Working Paper Series - managed by the OECD Statistics and Data Directorate – is designed to make available in a timely fashion and to a wider readership selected studies prepared by staff in the Secretariat or by outside consultants working on OECD projects. The papers included are of a technical, methodological or statistical policy nature and relate to statistical work relevant to the organisation. The Working Papers are generally available only in their original language - English or French - with a summary in the other.

Joint Working Paper

Measuring Well-being and Progress in Countries at Different Stages of Development: Towards a More Universal Conceptual Framework (with OECD Development Centre)

Measuring and Assessing Job Quality: The OECD Job Quality Framework (with OECD Directorate for Employment, Labour and Social Affairs)

Forecasting GDP during and after the Great Recession: A contest between small-scale bridge and large-scale dynamic factor models (with OECD Economics Directorate)

Decoupling of wages from productivity: Macro-level facts (with OECD Economics Directorate)

Which policies increase value for money in health care? (with OECD Directorate for Employment, Labour and Social Affairs)

Compiling mineral and energy resource accounts according to the System of Environmental-Economic Accounting (SEEA) 2012 (with OECD Environment Directorate)

English

Composite Leading Indicators and Growth Cycles in Major OECD Non-Member Economies and recently new OECD Members Countries

The OECD developed a System of Composite Leading Indicators (CLIs) for its Member Countries in the early 1980?s based on the ?growth cycle? approach and up to 2006 the Organisation compiled composite leading indicators for 23 of the 30 Member countries. Country coverage has now been expanded to include recently new OECD member countries (Korea, New Zealand1, Czech Republic, Hungary, Poland and Slovak Republic) and the major six OECD non-member economies (Brazil, China, India, Indonesia, Russian Federation and South Africa) monitored by the organization in the OECD System of Composite Leading Indicators. The expansion of the OECD System of Composite Leading Indicators to include the new CLIs for the six recently new OECD member countries has implications for the calculation of the OECD total area and the OECD Europe area aggregates. In addition, the inclusion of the new CLIs for all of above twelve countries opens the possibility to calculate new area aggregates such as Major Asian economies, Eastern Europe including or excluding the Russian Federation and a World proxy to give information on the overall global development. The importance of such new regional or area aggregates is of course very much dependent on the existence of different cyclical patterns between these new aggregates and the established ones. However, the calculation of a World proxy aggregate is important in itself in so far that it will represent global development better than the OECD total area aggregate.

English

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